SHANGHAI, Aug 26 (Reuters) - China stocks ended higher on
Wednesday morning after wild swings in early trade as investors
hoped fresh interest rate cuts by the central bank would
stabilise the economy and stop a stock market rout that has seen
prices fall 20 percent in four days.

But the market was generally unimpressed with China's strong
monetary easing measures announced on Tuesday night, believing
much more official support is needed, and traders said shares
remained vulnerable to another selloff.

Blue chips reversed early losses, but small-caps continued
to slide, with some traders attributing the volatility to margin
calls and mutual fund redemptions.

After opening 0.7 percent at open, the blue-chip CSI300
index fell as much as 3 percent but managed to end the
morning up 1.7 percent at 3,094.03 points.

The Shanghai Composite Index also reversed early
losses of nearly 4 percent, rising 0.8 percent to 2,988.76
points by the lunch break.
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